Inflation and increased living expenses replaced medical expenses as a key concern for consumers.

52% of Indian household income is allocated to savings, investments, life insurance, and health insurance.

47% of consumers continue to equate financial immunity with maintaining financial security and stability.

37% consumers equate financial immunity with having multiple income sources.

71% of uninsured consumers believe that insurance is an absolute necessity to achieve financial immunity.

68% insured consumers have an illusion of being sufficiently covered. However, in reality, only 6% consumers are sufficiently insured.

47% insured individuals surrendered their insurance policy in the last 5 years.

80% of consumers rely solely on employer-provided insurance policies.

7.4 is the immunity score of consumers owning life and health insurance as against 6.3 immunity score of uninsured consumers.

87% consumers plans to purchase life insurance in the next 5 years; out of which 46% plan to complete purchase within next year.